TaxCalCul: what changed
TaxCalCul
Largest movements
- Receivables within one year +€225,777
up €225,777 (+46.7%), from €483,694 to €709,470
of which Trade receivables: +€215,277
- Deferred charges and accrued income -€65,000
no longer reported in 2025 (was €65,000)
- Intangible fixed assets -€44,349
down €44,349 (-11.4%), from €390,289 to €345,940
- Tangible fixed assets +€34,259
up €34,259 (+2.8%), from €1.2m to €1.3m
of which Land and buildings: +€22,004
- Reserves +€191,085
up €191,085 (+38.5%), from €496,503 to €687,588
of which Distributable reserves: +€191,085
- Other debts -€70,553
down €70,553 (-8.8%), from €797,658 to €727,104
- Debts after one year -€62,511
down €62,511 (-11.2%), from €559,602 to €497,090
- Current portion of long-term debt +€43,771
up €43,771 (+53.4%), from €81,973 to €125,744
- Tax, wage and social debts +€31,858
up €31,858 (+206%), from €15,428 to €47,286
- Gross operating margin +€170,768
up €170,768 (+19.1%), from €893,290 to €1.1m
- Staff costs +€96,799
up €96,799 (+21.4%), from €452,093 to €548,892
- Financial charges +€91,768
up €91,768 (+466%), from €19,694 to €111,462
- Depreciation -€24,551
down €24,551 (-19.6%), from €125,120 to €100,569
- Taxes +€13,489
up €13,489 (+14.8%), from €90,996 to €104,485
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,220,688 | €2,356,829 | +€136,140 | +6.1% |
| Fixed assets | 21/28 | €1,617,120 | €1,607,030 | -€10,090 | -0.6% |
| Intangible fixed assets | 21 | €390,289 | €345,940 | -€44,349 | -11.4% |
| Tangible fixed assets | 22/27 | €1,226,831 | €1,261,090 | +€34,259 | +2.8% |
| Land and buildings | 22 | €1,112,126 | €1,134,130 | +€22,004 | +2.0% |
| Plant, machinery and equipment | 23 | €24,277 | €44,434 | +€20,157 | +83.0% |
| Furniture and vehicles | 24 | €90,428 | €82,526 | -€7,902 | -8.7% |
| Current assets | 29/58 | €603,569 | €749,799 | +€146,230 | +24.2% |
| Amounts receivable within one year | 40/41 | €483,694 | €709,470 | +€225,777 | +46.7% |
| Trade receivables | 40 | €483,694 | €698,970 | +€215,277 | +44.5% |
| Other amounts receivable | 41 | - | €10,500 | +€10,500 | |
| Cash at bank and in hand | 54/58 | €54,875 | €40,329 | -€14,546 | -26.5% |
| Deferred charges and accrued income | 490/1 | €65,000 | - | -€65,000 | |
| Total equity and liabilities | 10/49 | €2,220,688 | €2,356,829 | +€136,140 | +6.1% |
| Equity | 10/15 | €752,467 | €943,552 | +€191,085 | +25.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €496,503 | €687,588 | +€191,085 | +38.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €494,503 | €685,588 | +€191,085 | +38.6% |
| Profit (loss) carried forward | 14 | €235,964 | €235,964 | = | 0.0% |
| Amounts payable | 17/49 | €1,468,221 | €1,413,277 | -€54,944 | -3.7% |
| Amounts payable after more than one year | 17 | €559,602 | €497,090 | -€62,511 | -11.2% |
| Financial debts | 170/4 | €559,602 | €497,090 | -€62,511 | -11.2% |
| Amounts payable within one year | 42/48 | €908,620 | €916,187 | +€7,567 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €81,973 | €125,744 | +€43,771 | +53.4% |
| Trade debts | 44 | €13,561 | €16,052 | +€2,490 | +18.4% |
| Suppliers | 440/4 | €13,561 | €16,052 | +€2,490 | +18.4% |
| Taxes, remuneration and social security | 45 | €15,428 | €47,286 | +€31,858 | +206% |
| Taxes | 450/3 | €15,428 | €47,286 | +€31,858 | +206% |
| Other amounts payable | 47/48 | €797,658 | €727,104 | -€70,553 | -8.8% |
| Non-recurring operating income | 76A | €2,435 | - | -€2,435 | |
| Remuneration, social security and pensions | 62 | €452,093 | €548,892 | +€96,799 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,120 | €100,569 | -€24,551 | -19.6% |
| Other operating charges | 640/8 | €14,324 | €7,575 | -€6,749 | -47.1% |
| Gross operating margin | 9900 | €893,290 | €1,064,058 | +€170,768 | +19.1% |
| Operating profit (loss) | 9901 | €301,752 | €407,021 | +€105,269 | +34.9% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €19,694 | €111,462 | +€91,768 | +466% |
| Recurring financial charges | 65 | €19,694 | €111,462 | +€91,768 | +466% |
| Profit (loss) for the period before taxes | 9903 | €282,058 | €295,570 | +€13,512 | +4.8% |
| Income taxes | 67/77 | €90,996 | €104,485 | +€13,489 | +14.8% |
| Profit (loss) for the period | 9904 | €191,062 | €191,085 | +€23 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €191,062 | €191,085 | +€23 | 0.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.